Featured Articles
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September 4, 2010 Market Outlook
06 September 2010 6:00 AM | No CommentsInterest rates have remained essentially unchanged over the past week. Economic indicators are appearing weaker than previously, so the likelihood of the Bank of Canada raising rates is much lower. Bonds have fallen back while stocks have surged ahead. Bonds are at the same level...
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Canfor Pulp CFX.UN
03 September 2010 6:00 AM | No CommentsThe Facts (as of August 25, 2010) Unit price: $13.85. Book value per unit: $15.35. Market cap: $492 million (medium). Distribution: $0.20 per month or $2.40 per year. Yield: 17.3%. P/E: 9.2x. Debt/equity ratio: 0.21. Payout ratio: 67%. The Story Artis REIT is focused on...
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Investment Risk
01 September 2010 6:00 AM | 1 CommentOver the next few weeks, I’m going to write about robustness. This is an idea that addresses risk in any type of planning. I have found that risk is particularly poorly addressed in market-related thinking. Investment plans discuss risk, but fail to control it. Particularly...
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Archive for February, 2010
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Financial Education
Posted on February 24, 2010 | No CommentsFollowing the market crash and recession of 2008, the Canadian government has launched a task force on financial literacy. The assumption seems to be that we wouldn’t get ourselves into messes like this if we were just smarter about money. This reasoning is problematic for... -
The Trappings of Wealth
Posted on February 17, 2010 | No CommentsI’ve spent over a week in Scottsdale, Arizona on vacation. I would have been happy to stay anywhere around Phoenix, since I have friends and family in the area. We were offered the use of an apartment, so we stayed in Scottsdale. I noticed a... -
Real Estate as an Investment
Posted on February 10, 2010 | No CommentsIf 2008 taught us anything, it’s that real estate doesn’t always go up. Many people seem to prefer investing in real estate, rather than stocks and bonds. One of the reasons they would have given before 2008 is that real estate doesn’t go down. Further... -
Pay yourself first
Posted on February 3, 2010 | No CommentsMost people never forget to pay their taxes. Most people pay their taxes without ever thinking about it. The government has a system that makes it very easy for most people to pay very close to the right amount of taxes, and able to afford...